Civic Intelligence

Amber Schools Foundation Inc.

990 • Fiscal year 2017 • EIN 46-5771070

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 03, 2017

Organization ProfileN/A
220 E 106th StNew York, NY 10029

(212) 534-9667

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

91st percentile

0.93x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

13.32x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

99th percentile

92%

Higher net margin than 99% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$201,800

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 173.8% of source-year revenue.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

51st percentile

5.9%

Faster asset growth than 51% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

95th percentile

180%

Faster revenue growth than 95% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$1,660,453

Up $91,785 (+5.9%) from 2016

Net Assets

Up

$114,441

Up $106,620 (+1363%) from 2016

Liabilities

Down

$1,546,012

Down $14,835 (-1.0%) from 2016

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin99th percentile

Revenue

Up

$116,104

Up $74,604 (+180%) from 2016

Expenses

Down

$9,484

Down $24,195 (-72%) from 2016

Net Income

Up

$106,620

Up $98,799 (+1263%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0-$20MAssets 2015: $1,515,298Liabilities 2015: $1,515,298Net Assets 2015: $02015Assets 2016: $1,568,668Liabilities 2016: $1,560,847Net Assets 2016: $7,8212016Assets 2017: $1,660,453Liabilities 2017: $1,546,012Net Assets 2017: $114,4412017Assets 2018: $263,760Liabilities 2018: $0Net Assets 2018: $263,7602018Assets 2019: $602,522Liabilities 2019: $0Net Assets 2019: $602,5222019Assets 2020: $541,229Liabilities 2020: $19,644Net Assets 2020: $521,5852020Assets 2021: $7,785,402Liabilities 2021: $10,170,942Net Assets 2021: -$2,385,5402021Assets 2022: $14,818,414Liabilities 2022: $18,560,246Net Assets 2022: -$3,741,8322022Assets 2023: $73,148,773Liabilities 2023: $70,334,284Net Assets 2023: $2,814,4892023Assets 2024: $73,208,955Liabilities 2024: $69,329,884Net Assets 2024: $3,879,0712024Assets 2025: $71,734,509Liabilities 2025: $68,777,284Net Assets 2025: $2,957,2252025

Highlighted filing

2017

Assets$1,660,453
Liabilities$1,546,012
Net Assets$114,441
Open 2017 Filing

Operations Trend

Revenue Growth95th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $41,500Expenses 2016: $33,679Net Income 2016: $7,8212016Revenue 2017: $116,104Expenses 2017: $9,484Net Income 2017: $106,6202017Revenue 2018: $150,041Expenses 2018: $722Net Income 2018: $149,3192018Revenue 2019: $361,324Expenses 2019: $22,562Net Income 2019: $338,7622019Revenue 2020: $60,802Expenses 2020: $141,739Net Income 2020: -$80,9372020Revenue 2021: $82,050Expenses 2021: $2,989,175Net Income 2021: -$2,907,1252021Revenue 2022: $2,492,458Expenses 2022: $3,848,750Net Income 2022: -$1,356,2922022Revenue 2023: $4,681,447Expenses 2023: $598,513Net Income 2023: $4,082,9342023Revenue 2024: $1,768,597Expenses 2024: $704,015Net Income 2024: $1,064,5822024Revenue 2025: $1,297,666Expenses 2025: $2,219,512Net Income 2025: -$921,8462025

Highlighted filing

2017

Revenue$116,104
Expenses$9,484
Net Income$106,620
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 3, 2017
Return Version
2016v3.0
Gross Receipts
$168,904
Mission and Program Overview

Mission

The amber education fund supports amber charter schools and other endeavors that seek to improve the educational opportunities of latinos and other underserved communities.

Amber schools foundation, inc. Was established to support the functions of, and to assist in carrying out the educational and charitable purposes of the amber charter schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,568,668$1,660,453▲ $91,785
Total Assets$1,568,668$1,660,453▲ $91,785
Liabilities
Other Liabilities$1,545,177$1,546,012▲ $835
Accounts Payable and Accrued Expenses$15,670--
Total Liabilities$1,560,847$1,546,012▼ $14,835
Net Assets / Fund Balance
Unrestricted Net Assets$7,821$114,441▲ $106,620
Total Net Assets Fund Balance$7,821$114,441▲ $106,620
Total Liabilities and Net Assets / Fund Balance$1,568,668$1,660,453▲ $91,785
Compensation and Service Providers
Top Officer Pay87th percentile

Board Members and Trustees

NameTitle
Michael StolperChair
Luis MirandaVice Chair
Nick RudenstineMember
Soledad HicianoMember
Vasthi AcostaSecretary
Jason P TorresTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,142
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$106,962
All Other Contributions
$9,142
Change in Net Assets
$106,620

Audited Revenue Reconciliation

Revenue per Audited Statements
$116,104
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$52,800
Total Revenue per Audited Statements
$168,904
Total Revenue per Form 990
$116,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,484
Total Fundraising Expense$626
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses-$7,782-$7,782
Insurance-$1,076-$1,076
Fees for Services Other--$626$626
Total Functional Expenses$0$8,858$626$9,484

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$62,284
Expenses Not Reported on Form 990$52,800
Expenses per Audited Statements$9,484
Total Expenses per Form 990$9,484
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$159,762
Fundraising Direct Expenses$52,800
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hamilton Fundraiser$159,762$159,762$52,800$106,962
Total Events$159,762$159,762$52,800$106,962
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$1,546,012
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Line 11a explanation - the board of directors receives a copy of the 990 before it is filed along with an audited copy of the financial statements and compares the two for completeness and raises questions about any possible corrections or concerns.”

Form 990, Part VI, Section B, Line 12C

“Once a year, all directors and officers must sign a conflict of interest questionnaire, disclosing any personal, business or financial interest or activities that may conflict or appear to conflict with the interest of the foundation.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Amber Schools Foundation Inc
EIN
46-5771070
Phone
2125349667
Address
220 E 106TH ST, NEW YORK, NY 10029

Signing Officer

Name
Vasthi Acosta
Title
Board Secretary
Phone
2125349667
Signed
2017-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vasthi Acosta
Formed
2014
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Citrin Cooperman & Company Llp
Address
290 W MT PLEASANT AVENUE 3310, LIVINGSTON, NJ 07039
Preparer
Paula Vuksic CPA Mst
Phone
9732180500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has not changed either its oversight process or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“Amber and the foundation qualify as charitable organizations as defined by internal revenue code ("irc") section 501(c)(3) and, accordingly, are exempt from federal and state income taxes. As not-for-profit entities, amber and the foundation are subject to unrelated business income tax ("ubit"), if applicable. In accordance with fasb accounting standards codification ("asc") 740, income taxes, amber and the foundation apply the "more likely than not" threshold to the recognition and derecognition of tax positions for their consolidated financial statements. Management has evaluated amber's and the foundation's tax positions and has concluded that there were no uncertain tax positions that qualified for either recognition or disclosure in the consolidated financial statements as of june 30, 2017. Amber and the foundation file tax returns in the u.s. Federal jurisdiction and in the state of new york.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event direct expenses 52,800.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event direct expenses 52,800.”

Raw XML AppendixShowing 400 of 414 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015670
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AMBER SCHOOLS FOUNDATION, INC. WAS ESTABLISHED TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE AMBER CHARTER SCHOOLS.
IRS990/AllOtherContributionsAmt09142
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AMBER CHARTER SCHOOL
IRS990/BooksInCareOfDetail/PhoneNum02125349667
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0220 E 106TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010029
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01568668
IRS990/CashNonInterestBearingGrp/EOYAmt01660453
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt09142
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt09484
IRS990/CYOtherRevenueAmt0106962
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0106620
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt09484
IRS990/CYTotalFundraisingExpenseAmt0626
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0116104
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0TO ESTABLISH AND OVERSEE AN ENDOWMENT THAT WILL SUPPORT THE ON-GOING ENRICHMENT OPPORTUNITIES OFFERED TO ALL STUDENTS ATTENDING THE AMBER CHARTER SCHOOLS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/FundraisingAmt0626
IRS990/FeesForServicesOtherGrp/TotalAmt0626
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt035.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt310500
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL STOLPER
IRS990/Form990PartVIISectionAGrp/PersonNm1LUIS MIRANDA
IRS990/Form990PartVIISectionAGrp/PersonNm2JASON P TORRES
IRS990/Form990PartVIISectionAGrp/PersonNm3VASTHI ACOSTA
IRS990/Form990PartVIISectionAGrp/PersonNm4NICK RUDENSTINE
IRS990/Form990PartVIISectionAGrp/PersonNm5SOLEDAD HICIANO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3191300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt052800
IRS990/FundraisingGrossIncomeAmt0159762
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt00
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0168904
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01076
IRS990/InsuranceGrp/TotalAmt01076
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AMBER SCHOOLS FOUNDATION, INC. WAS ESTABLISHED TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST IN CARRYING OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE AMBER CHARTER SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07821
IRS990/NetAssetsOrFundBalancesEOYAmt0114441
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0106962
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0106962
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07782
IRS990/OtherExpensesGrp/TotalAmt07782
IRS990/OtherLiabilitiesGrp/BOYAmt01545177
IRS990/OtherLiabilitiesGrp/EOYAmt01546012
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0VASTHI ACOSTA
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt021171
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt033679
IRS990/PYOtherRevenueAmt020329
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt07821
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt033679
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt041500
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0106620
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0134119814
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0AMBER CHARTER SCHOOL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt052800
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09484
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt052800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01546012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherRevenueAmt052800
IRS990ScheduleD/RevenueNotReportedAmt052800
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0116104
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AMBER AND THE FOUNDATION QUALIFY AS CHARITABLE ORGANIZATIONS AS DEFINED BY INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND, ACCORDINGLY, ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES. AS NOT-FOR-PROFIT ENTITIES, AMBER AND THE FOUNDATION ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION ("ASC") 740, INCOME TAXES, AMBER AND THE FOUNDATION APPLY THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR THEIR CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED AMBER'S AND THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2017. AMBER AND THE FOUNDATION FILE TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IN THE STATE OF NEW YORK.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT DIRECT EXPENSES 52,800.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT DIRECT EXPENSES 52,800.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt09484
IRS990ScheduleD/TotalLiabilityAmt01546012
IRS990ScheduleD/TotalRevenuePerForm990Amt0116104
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0168904
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt062284
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt052800
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HAMILTON FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0159762
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0159762
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0159762
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0159762
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0106962
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt052800
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt052800
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd01
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt017500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0173800
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt010500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0VASTHI ACOSTA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0201800
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0VASTHI ACOSTA IS THE EXECUTIVE DIRECTOR OF AMBER CHARTER SCHOOL.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 5
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11A EXPLANATION - THE BOARD OF DIRECTORS RECEIVES A COPY OF THE 990 BEFORE IT IS FILED ALONG WITH AN AUDITED COPY OF THE FINANCIAL STATEMENTS AND COMPARES THE TWO FOR COMPLETENESS AND RAISES QUESTIONS ABOUT ANY POSSIBLE CORRECTIONS OR CONCERNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONCE A YEAR, ALL DIRECTORS AND OFFICERS MUST SIGN A CONFLICT OF INTEREST QUESTIONNAIRE, DISCLOSING ANY PERSONAL, BUSINESS OR FINANCIAL INTEREST OR ACTIVITIES THAT MAY CONFLICT OR APPEAR TO CONFLICT WITH THE INTEREST OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AMBER CHARTER SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0134119814
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO OPERATE A CHARTER SCHOOL IN THE CITY OF NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(II)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0220 E 106TH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010029
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01546012
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AMBER CHARTER SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01568668
IRS990/TotalAssetsEOYAmt01660453
IRS990/TotalAssetsGrp/BOYAmt01568668
IRS990/TotalAssetsGrp/EOYAmt01660453
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt09142
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0626
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08858
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt09484
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01560847
IRS990/TotalLiabilitiesEOYAmt01546012
IRS990/TotalLiabilitiesGrp/BOYAmt01560847
IRS990/TotalLiabilitiesGrp/EOYAmt01546012
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07821
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0114441
IRS990/TotalOtherCompensationAmt010500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0106962
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0116104
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01568668
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01660453
IRS990/TotReportableCompRltdOrgAmt0191300
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07821
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0114441
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0220 E 106TH ST
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010029
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VASTHI ACOSTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum02125349667
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AMBER SCHOOLS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0AMBE
ReturnHeader/Filer/EIN0465771070
ReturnHeader/Filer/PhoneNum02125349667
ReturnHeader/Filer/USAddress/AddressLine1Txt0220 E 106TH ST
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010029
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09746DF3161F763E0AAE5913DA2C62EF2EFF36F0A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId075074D960750EBBB36BF9FD434A968E0CA9D7761
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.50.212.155
ReturnHeader/FilingSecurityInformation/IPDt02017-11-03
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,660,453
Liabilities
$1,546,012
Net assets
$114,441
Revenue
$116,104
Expenses
$9,484
Net income
$106,620
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$71.7$68.8$2.96$1.30$2.22$0.92
2024Detailed filing. Detailed filing data is available for this year.$73.2$69.3$3.88$1.77$0.70$1.06
2023Detailed filing. Detailed filing data is available for this year.$73.1$70.3$2.81$4.68$0.60$4.08
2022Detailed filing. Detailed filing data is available for this year.$14.8$18.6$3.74$2.49$3.85$1.36
2021Detailed filing. Detailed filing data is available for this year.$7.79$10.2$2.39$0.08$2.99$2.91
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.52$0.06$0.14$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.36$0.02$0.34
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.15$0.00$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.66$1.55$0.11$0.12$0.01$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.57$1.56$0.01$0.04$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.52$1.52$0.00$0.00$0.00$0.00